Bitcoin forks and the future of XRP – General Discussion – Xrp Chat bitcoin trend chart

Having just listened to this multiple times, it has opened my eyes over the potential problems that exist in the bitcoin world.

The crux of the video details how continued forks and infighting within the bitcoin community is tarnishing the the bitcoin brand as a whole because know one knows what the true version of bitcoin will be.

In simple terms, you either have bitcoin legacy, which suffers from increased transactions costs due to the lack of mining power to process transactions, or B2X, which centralises the power into the hands of large mining groups, who have the processing power to facilitate the increased transaction volume where small individual miners simple can’t compete.

Neither of these options presents a clear, unified position on how the community proceeds as a whole, and because of this, it’s capacity to operate as a means of payment is severely compromised.Bitcoin trend chart

XRP has none of these issues by virtue of being pre-mined. There are no issues with scalability, centralisation, transaction speed, or fees – it addresses and accommodates all the potential issues in a clear and concise manner while addressing all real world arguments relating to statutory rights and regulation. No other crypto is engaged with real world economics in this way.

I don’t know what the future of bitcoin will be, but continued disturbance and politics within the bitcoin world can only help the case of XRP.

Edited november 2, 2017 by tartankiwi

Even the biggest balloon runs out of air at some point. Every iteration of BTC will not be a store of value. At some point the dilution affect will come into play and there will be a single bitcoin that is the most bitcoin. It’s all so ludicrous it’s laughable.Bitcoin trend chart yes I regret not selling all of my XRP at the peak and buying BTC at ~$2000, but only because of the absurd price action. If I had it all to do over again, I would expect I’d make the same decision. Logic has guided me this far. I just don’t see how this can sustain…

I agree BTC will eventually thin out (not go away), but I don’t think BTC and all it’s forks are going anywhere anytime soon. People have been waiting for it to fail for 8 years (+-) and it still has showed no signs of slowing down. All time highs almost monthly.

Bubble, no bubble, BTC will be around for years still before it MIGHT loose popularity. Just my opinion though, zero facts to back this up.

Also BTC doesn’t need to fail for XRP to have huge success.

I’ve said this once before, but being an XRP holder re,ones me of the painting in the movie goodwill hunting.Bitcoin trend chart the waves are crashing, but we keep rowing.

Edited november 2, 2017 by palerider

Having just listened to this multiple times, it has opened my eyes over the potential problems that exist in the bitcoin world.

The crux of the video details how continued forks and infighting within the bitcoin community is tarnishing the the bitcoin brand as a whole because know one knows what the true version of bitcoin will be.

In simple terms, you either have bitcoin legacy, which suffers from increased transactions costs due to the lack of mining power to process transactions, or B2X, which centralises the power into the hands of large mining groups, who have the processing power to facilitate the increased transaction volume where small individual miners simple can’t compete.

Neither of these options presents a clear, unified position on how the community proceeds as a whole, and because of this, it’s capacity to operate as a means of payment is severely compromised.Bitcoin trend chart

XRP has none of these issues by virtue of being pre-mined. There are no issues with scalability, centralisation, transaction speed, or fees – it addresses and accommodates all the potential issues in a clear and concise manner while addressing all real world arguments relating to statutory rights and regulation. No other crypto is engaged with real world economics in this way.

I don’t know what the future of bitcoin will be, but continued disturbance and politics within the bitcoin world can only help the case of XRP.

Edited november 2, 2017 by tartankiwi

Even the biggest balloon runs out of air at some point. Every iteration of BTC will not be a store of value. At some point the dilution affect will come into play and there will be a single bitcoin that is the most bitcoin. It’s all so ludicrous it’s laughable.Bitcoin trend chart yes I regret not selling all of my XRP at the peak and buying BTC at ~$2000, but only because of the absurd price action. If I had it all to do over again, I would expect I’d make the same decision. Logic has guided me this far. I just don’t see how this can sustain…

I agree BTC will eventually thin out (not go away), but I don’t think BTC and all it’s forks are going anywhere anytime soon. People have been waiting for it to fail for 8 years (+-) and it still has showed no signs of slowing down. All time highs almost monthly.

Bubble, no bubble, BTC will be around for years still before it MIGHT loose popularity. Just my opinion though, zero facts to back this up.

Also BTC doesn’t need to fail for XRP to have huge success.

I’ve said this once before, but being an XRP holder re,ones me of the painting in the movie goodwill hunting.Bitcoin trend chart the waves are crashing, but we keep rowing.

Edited november 2, 2017 by palerider

Having just listened to this multiple times, it has opened my eyes over the potential problems that exist in the bitcoin world.

The crux of the video details how continued forks and infighting within the bitcoin community is tarnishing the the bitcoin brand as a whole because know one knows what the true version of bitcoin will be.

In simple terms, you either have bitcoin legacy, which suffers from increased transactions costs due to the lack of mining power to process transactions, or B2X, which centralises the power into the hands of large mining groups, who have the processing power to facilitate the increased transaction volume where small individual miners simple can’t compete.

Neither of these options presents a clear, unified position on how the community proceeds as a whole, and because of this, it’s capacity to operate as a means of payment is severely compromised.Bitcoin trend chart

XRP has none of these issues by virtue of being pre-mined. There are no issues with scalability, centralisation, transaction speed, or fees – it addresses and accommodates all the potential issues in a clear and concise manner while addressing all real world arguments relating to statutory rights and regulation. No other crypto is engaged with real world economics in this way.

I don’t know what the future of bitcoin will be, but continued disturbance and politics within the bitcoin world can only help the case of XRP.

Edited november 2, 2017 by tartankiwi

Even the biggest balloon runs out of air at some point. Every iteration of BTC will not be a store of value. At some point the dilution affect will come into play and there will be a single bitcoin that is the most bitcoin. It’s all so ludicrous it’s laughable.Bitcoin trend chart yes I regret not selling all of my XRP at the peak and buying BTC at ~$2000, but only because of the absurd price action. If I had it all to do over again, I would expect I’d make the same decision. Logic has guided me this far. I just don’t see how this can sustain…

I agree BTC will eventually thin out (not go away), but I don’t think BTC and all it’s forks are going anywhere anytime soon. People have been waiting for it to fail for 8 years (+-) and it still has showed no signs of slowing down. All time highs almost monthly.

Bubble, no bubble, BTC will be around for years still before it MIGHT loose popularity. Just my opinion though, zero facts to back this up.

Also BTC doesn’t need to fail for XRP to have huge success.

I’ve said this once before, but being an XRP holder re,ones me of the painting in the movie goodwill hunting.Bitcoin trend chart the waves are crashing, but we keep rowing.

Edited november 2, 2017 by palerider